1154 Liberty Pike - Drug Store FOR SALE
Franklin, TN 37067 |
$3,428,571 USD
214-692-2216
1154 Liberty Pike
Franklin, TN 37067
HIGHLIGHTS
- CVS Corporate Guaranty – CVS is corporately guarantying the lease
- Absolute NNN Lease – Completely passive with zero landlord responsibilities
- New 15 Year Extension – CVS signed a brand new 15 year extension at this location and has operated here since 2002
- Below Market Rent – CVS is currently paying well below market rent in the area at just $16/SF providing significant future upside
- Oversize Corner Lot – Property sits on a spacious 1.7 acre corner lot with access point of both Liberty Pk and Mallory Ln
- Oversize Corner Lot – Property sits on a spacious 1.7 acre corner lot with access point of both Liberty Pk and Mallory Ln
FOR SALE DETAILS
PRICE
$3,428,571 USD
PRICE/SF
$310 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CVS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
1.7 AC
LAND SF
74,052 SF
ZONING
-
APN/PARCEL ID
079-036.10
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214-692-2216
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214-692-2216
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